Apartment Loan Rates

March 25, 2014

Did you know there are big differences between commercial apartment properties and residential investment properties? In some ways it’s like two different planets. The differences are vast.

It's important for you to know the differences. Investors new to commercial apartment properties (also known as multifamily properties) or any kind of commercial properties need to become familiar with the differences between residential investment properties. It's very important to do so before moving into the arena of owning commercial properties.

Published September 3, 2010 

If you are an investor in commercial properties, you may have a hard time choosing one particular mortgage banking company to get commercial property loans from. Moreover, getting cheap commercial loan rates is tough these days. There is one outstanding apartment financing authority based in the United States, named Apartment Loan Store, that offers unique loan processes to satisfy every single investor who knocks on its door. That is correct, I said every investor.

Published September 5, 2010 

Published September 8, 2010 

If you are interested in building apartments to invest your money in commercial properties, you may be looking for apartment building loans at a cheap rate. You need to select a reliable and praiseworthy mortgage banking company that will provide your desired loan amount at a reasonable rate. But this job is not as easy as you think. Choosing the perfect commercial loan financing company is a more tedious job than finding the best rate.

Published September 17, 2010 

If you’re interested in property management, you better think of a good way to get started in this type of business.

If you don’t have a large sum of money, or you are not wealthy enough, you might as well go into apartment financing and search for the right commercial loan lender.

Published September 22, 2010 

Do you have plenty of cash? Do you have any ideas what to do with it?

If you do have much, and you don’t know what to do with it, why not invest in real estate? More importantly, investing in an apartment or multifamily apartment is a top choice.

Published December 19, 2011 

An apartment building loan, also called a multifamily loan, is a commercial loan. Where a residential loan is made primarily to the quality of the borrower, a commercial loan is made to the quality of the income of the property, the quality of the property itself, and the quality of the borrower. So there are really three pre-qualifications for a loan on an apartment building.

THE THREE PRE-QUALIFICATIONS FOR AN APARTMENT BUILDING LOAN

Published February 4, 2012

In 1933, in the aftermath of the Great Depression, President Franklin D. Roosevelt established, with Congress, The Home Owners Mortgage Act by selling government bonds to lenders. The purpose was to help remedy high foreclosure rates and to make it possible for more people to own their own homes. It was mandated that these loans had to be fixed for 20 to 25 years and be fully amortizing (term and amortization match). Eventually this was pushed up to 30 years, with the idea that most people would work for 30 years and then retire with a paid-off home.

Published March 12, 2012

If you are in need of a multifamily loan to refinance your apartment building or to purchase an apartment building of five units or more, what lending sources are available to you in America today? Which are the best? Some of the available loan sources are the corner commercial bank, credit unions, regional banks, national bank commercial divisions (such as Wells Fargo Commercial and Chase Commercial), Fannie Mae, Freddie Mac, FHA, real estate investment trusts, insurance companies, hedge funds and private funds.

Published December 17, 2012 

The lowest apartment loan rates (commercial apartment complexes of five units or more) are without doubt HUD/FHA loan programs for refinancing and purchasing apartment buildings. This program is known as the HUD 223f. The rate as of the date of this blog article is 2.75% for a 30–35 year fixed with a 30–35 year amortization. HUD will also mandate a monthly mortgage insurance premium, so that will add .60% on to the rate. Therefore the all-in rate today is 3.35%.